The median sale price of a home sold in 2021 in Hamel fell by $10,605 while total sales decreased by 16.7%, according to BlockShopper.com.
From January through December of 2021, there were 15 homes sold, with a median sale price of $195,000 – a 5.2% decrease over the $205,605 median sale price for the previous year. There were 18 homes sold in Hamel in 2020.
The median sales tax in Hamel for the most recent year with available data, 2018, was $3,726, approximately 1.9% of the median home sale price for 2021.
The following table compares Hamel to other Madison County cities with similar median sale prices in 2021:
| City | Jan. – Dec. 2021 Home Sales | Jan. – Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. – Dec. 2021 Median Sales Price | Jan. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glen Carbon | 256 | 145 | 76.6% | $250,000 | $213,000 | 17.4% |
| Holiday Shores | 53 | 31 | 71% | $228,000 | $219,900 | 3.7% |
| Edwardsville | 607 | 319 | 90.3% | $214,500 | $205,000 | 4.6% |
| Troy | 201 | 169 | 18.9% | $201,500 | $190,000 | 6.1% |
| Alhambra | 17 | 18 | -5.6% | $200,000 | $104,000 | 92.3% |
| Hamel | 15 | 18 | -16.7% | $195,000 | $205,605 | -5.2% |
| Dorsey | 9 | 8 | 12.5% | $195,000 | $225,000 | -13.3% |
| St. Jacob | 16 | 10 | 60% | $186,250 | $179,950 | 3.5% |
| Lakeview Acres | 13 | 3 | 333.3% | $172,000 | $176,900 | -2.8% |
| Highland | 290 | 151 | 92.1% | $170,000 | $151,600 | 12.1% |
| Kendall Hill | 10 | 7 | 42.9% | $166,950 | $162,900 | 2.5% |
